For Sale
$1,900,000

3 Cleveland Ave Bend, OR 97702

10-Unit Apartment Building, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional multifamily investment property, located in the heart of Bend, Oregon (97702), presents a compelling value-add opportunity. Situated on two separate tax lots (APN: 181205DA05501

Highlights

  • Ten-unit multifamily property on two tax parcels.
  • Strong occupancy and positive rental history.
  • Prime location near the Old Mill District and Deschutes River.
  • Significant value-add potential for increased profitability.
  • All units are single-story.
  • Stable monthly cash flow.

Property Details for 3 Cleveland Ave

Property type
Apartment buildings
Square Feet
6,280 SF
Year Built
1979
Buildings
4
Lot Size (sq. ft)
20,909 SF
Units
10

Location Insight

City
Bend
County
Deschutes
State
Oregon
Latitude
44.0417534
Longitude
-121.3075194

FAQs

What type of property is this?
Apartment building - 10-Unit Apartment Building, High ROI Potential
Where is the apartment building located?
The property is located at 3 Cleveland Ave Bend, OR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Ten-unit multifamily property on two tax parcels.; Strong occupancy and positive rental history.; Prime location near the Old Mill District and Deschutes River.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3 Cleveland Ave
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